Linamar (OTCMKTS:LIMAF – Get Free Report) is anticipated to announce its results before the market opens on Wednesday, March 4th. Analysts expect the company to announce earnings of $1.45 per share and revenue of $2.4450 billion for the quarter.
Linamar Trading Down 0.9%
Shares of LIMAF opened at $68.25 on Monday. Linamar has a 52 week low of $31.40 and a 52 week high of $69.70. The firm’s 50-day simple moving average is $64.43 and its 200 day simple moving average is $58.08.
Analyst Upgrades and Downgrades
Separately, Scotiabank reissued a “sector perform” rating on shares of Linamar in a report on Tuesday, January 27th. One research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold”.
About Linamar
Linamar Corporation is a diversified global manufacturing company headquartered in Guelph, Ontario. The company serves automotive and industrial markets through precision machined and assembled components, modules and systems. Its operations span North America, Europe and Asia, with additional facilities in South America and emerging markets, supporting a broad customer base in passenger vehicles, commercial vehicles, construction, agriculture and energy industries.
In its Mobility segment, Linamar designs and produces powertrain systems, driveline components and other modules for internal combustion and electrified vehicles.
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